Union Pacific Eyes $60 Billion Norfolk Southern In Railroad Mega-Merger

Union Pacific Corp. (NYSE:UNP) is in early-stage discussions to acquire Norfolk Southern Corp. (NYSE:NSC), sources said Thursday, in what would amount to a major merger within the railroad industry. 

The Details: The talks are preliminary, according to the Wall Street Journal, and there is no guarantee that an agreement will be reached or ultimately win approval from regulators. 

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